AS per the calculation of Bloomberg, Facebook co-founder Mark Zuckerberg jumped ahead with a total worth of $81.6 billion and Mark Zuckerberg has overtaken Buffett with $373 million whereas Buffett being the legendary investor and Berkshire Hathaway (BRKA) CEO.
As the most popular social media site Facebook shares hiked 2.4% and it has impaled the stock about 15 % in this year that is why on the Bloomberg Billionaires Index, Mark Zuckerberg has got the 3rd position.
Fortunately, the world’s three richest people are from the tech in the very first time. According to the Bloomberg calculation, The founder, chairman, and chief executive officer of Amazon Jeff Bezos is the world’s largest online retailer whose net worth stands at $141 billion. it is followed by in the list of richest people, Bill Gates who is the founder of Microsoft corporation stands at $94.2 billion.
However, in late March, Facebook hit an eight-month low of $152.22 after huge scan over the company’s handling of user data while on Friday its shares closed at $203.23.
Although in 2006, Buffett has given for charity so, He has been kicked off in the rankings. as per the source, it has been donated about 290 million by Buffett for charity.
Meanwhile, it was promised by Zuckerberg that his company’s share would donate to charity in his lifetime.
According to the Bloomberg index, it is very first time when Technology fortunes make up about a fifth of the more than $5 trillion in any other sector.
Though, In April Zuckerberg appeared on Capitol Hill for back-to-back testimonies where he was asked some questions about Facebook’s handling of user data after a data analytics firm gathered tens of millions of user accounts for political motive without their authority.